FinTech Startups

Apr
11

Blockchain incubator set to bolster Australian industry

Australia’s first incubator program dedicated to helping blockchain startups get their businesses up and running will be established in Adelaide. South Australian blockchain advisory firm Crypto SA has been awarded A$170,000 from the Federal Government to open the Crypto SA Lab in September. The incubator program will offer 10 blockchain startups free co-working space and […]

By Reposted by Australian FinTech | Blockchain . FinTech
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Apr
11

Unique marketplace driving alternative finance

The fourth annual AltFi Australasia Summit is approaching, with alternative finance leaders convening to discuss the future of the industry on 15 April. “Alternative lenders are currently facing a unique convergence of market happenings: reduced trust in traditional lenders, the upcoming shift to open banking, and the impending introduction of comprehensive credit reporting,” said the […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending
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Apr
10

London threatening San Francisco’s fintech unicorn dominance, research says

London could soon overtake San Francisco as the fintech (financial technology) unicorn capital of the world, according to a new study. Of the world’s 29 fintech unicorns – private companies valued at more than $1 billion – nine are based in San Francisco, while seven are headquartered in London, the research published Tuesday said. The […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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Apr
09

Is this the Afterpay of small business?

Cloudfloat is one of a number of companies looking to bring buy now pay later to businesses. When Afterpay was founded in 2015, few could have predicted the impact that it and other buy now pay later providers would have on the consumer payment sector. From 400,000 users in 2016, the sector now boasts over […]

By Reposted by Australian FinTech | Borrowing . FinTech . Lending . Payments
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Apr
08

Frank Lab’s senior advisor Jasmine Koh interviews Gobbill CEO Shendon Ewans about the Federal Budget impact on Small Businesses and Startups

Key points: Bill payment automation company Gobbill is seeing more small businesses doing it tougher drawing on reserves to meet their payables. The 2019 Federal Budget may be good for some small businesses but certainly lacks investment in innovation. The increased instant asset tax write-off may help bricks and mortar type businesses but is unlikely […]

By Australian FinTech | FinTech
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Apr
04

How are we supposed to compete now? Fintechs, startups on Budget 2019

The Budget did not meet the expectations of the innovation sector. The 2019/20 Federal Budget has established some measures to support innovative businesses but failed to provide clarity on existing schemes and set an overall vision for the sector, according to fintechs and startups. “Tonight the Treasurer launched his Budget with a message of strong […]

By Elizabeth Barry | FinTech
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Apr
02

Fintech Start-Ups invited to apply to Accenture 2019 FinTech Innovation Lab Asia-Pacific

To be eligible for the Accenture 2019 FinTech Innovation Lab Asia-Pacific, startups must have a working version of their technology/solution for financial institutions Applications are now being accepted for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development through mentorship with executives from […]

By Reposted by Australian FinTech | FinTech
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Apr
01

Super will help fund the next wave of unicorns

The country’s leading venture capitalists are tipping more direct investment will flow from superannuation firms such as Hostplus into start-up deals, as more $100 million-plus raises test the funding capacity of the VC firms. Last week cross-border payments start-up Airwallex became the latest Australian company to achieve the lauded $US1 billion valuation milestone, making it the […]

By Reposted by Australian FinTech | FinTech . Investing . Venture Capital
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